According to @balajis, the real reform for public offerings will come from crypto, as he argues that easing IPO regulations like Sarbanes-Oxley (Sarbox) will happen not through traditional legislation but through the emergence of cryptoequities. He states that in the future, all companies may issue shares as cryptoequities, listing them on decentralized Internet capital markets, fundamentally changing how assets are traded and potentially increasing access and liquidity for traders and investors. This shift could have significant impacts on the crypto market, broadening the scope of tokenized assets and trading opportunities (source: @balajis).